Skip to main content

Thursday Swing Signals, Trend Busters and Trend Leaders for August 27, 2009

This is a quick post to announce that Thursday's Swing Signals, Trend Leaders and Trend Busters are now available at Alert HQ. All are based on daily data.

Today we have the following:
  • 30 Swing Signals -- 21 BUY signals and 9 SELL Signals.
  • 529 Trend Leaders, all in strong up-trends according to Aroon, MACD and DMI. We have 159 stocks that are new additions to the list and 97 that fell off the previous list.
  • 16 Trend Busters of which 10 are BUY signals and 6 are SELL signals.
The view from Alert HQ --

Thursday's signals always coincide with the release of initial jobless claims. This week, claims decreased a tiny bit and continuing claims did likewise. This was not enough to incite a rally and stocks dropped, only managing to struggle back and finish the day with the smallest of gains. Advance GDP for the second quarter was also released today and came in at -1%, better than consensus, but received no reaction from investors.

With respect to Alert HQ, we can make the following observation: Swing Signals down, Trend Leaders up. A week ago, we had a ton of Swing Signals but less than 200 Trend Leaders. It's good to see the number of stocks on the Trend Leaders list increase and it seems we are still in the range where we could see even more Trend Leaders before stocks get really overbought.

Though we have fewer Swing Signals, they again reflects bullishness as BUY signals outnumber SELL signals. We see the same situation in our Trend Busters.

It seems that each day gains in the major averages are exceedingly hard fought but, nevertheless, it's gains that we are seeing. Though it certainly feels like stocks are about to drop, our signals are not really showing much weakness. As I've said before, a sidewise market seems the most likely outcome in the very near term.

Using our signals --

If you're a momentum trader, the Trend Leaders list is a good place to go shopping. If you practice technical analysis, check out the Trend Busters. And if you are a short-term trader or even a day trader, our Swing Signals may provide some good trading ideas.

Comments

Popular posts from this blog

Running TradeRadar on Windows 7 and Windows 8

Development of the original TradeRadar Stock Inspector software was begun back in the days before Windows 7 and Windows 8 were available.

As these newer versions of Windows have become more popular, we have heard from some users that they are having problems installing and running TradeRadar on their newer PCs.

The good news is that TradeRadar will work just fine on Windows 7 and Windows 8. All you have to do is adjust the Windows Compatibility Settings to ensure TradeRadar runs as intended.

It is recommended that you can apply Compatibility Settings when running the initial installation; however, it is also possible to apply Compatibility Settings after the program has been installed.

Prior to installation
After downloading the install program, go to the folder where you have stored the TradeRadarStkInsp_7_Setup.exe or TradeRadarStkInsp_7_PRO_Setup.exe executable. Right-click on the executable file and select Properties. Click the Compatibility tab. Adjust the Compatibility mode to …

Durable Goods report for Sept just so-so but Computer segment is on fire

The Durable Goods advanced report for September 2011 was released on Wednesday.

I like to dig into the Durable Goods report because it can be useful for seeing how tech in aggregate is performing and how the sector may perform in the future. I always focus on two particular measures: shipments and new orders. Let's see how it played out last month.

Shipments -- 

I generally give less importance to Shipments since this is a backward looking measure reflecting orders that have been confirmed, manufactured and shipped. It's similar to earnings reports -- it's good to know but the data is in the past and we're more interested in the future. The following chart shows how September shipments looked for the overall tech sector:


Results for the overall tech sector were a bit weak but take a look at the next chart which tracks the Computers and related products segment:


Results here were actually quite good and, to make things even better, the previous month was revised upward.

N…

Alert HQ has moved!

End of an era!

This site was started way back in 2006/2007 to showcase my blog posts and the Alert HQ buy signals and sell signals. Alert HQ grew to include other kinds of stock alerts including Swing Signals, Trend Busters, Trend Leaders, Cash Flow Kings and more.

In the meantime, I built a sister site, TradingStockAlerts.com and I started using some of the same Alert HQ content over there. As a result, I am discontinuing the Alert HQ data here at Trade-Radar.com

The good news, however, is that all the Alert HQ signals and stock screens are still completely free. In addition, the pages have been enhanced so that you can hover over a stock symbol and a small chart will pop up so you can get a quick look at the stock's recent price action. If you click on a symbol it will take you to a page with plenty of financial and technical analysis information (still free!) as well as a larger chart that you can play with in terms of adding or deleting indicators, moving averages, etc.

Click …